What are the responsibilities and job description for the Sales Production Underwriter position at Bridge Specialty Group?
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Brown & Brown is seeking a Sales Production Underwriter to join our growing team in New Hyde Park, NY!
The Sales Production Underwriter quotes new and renewal business in a timely, efficient, professional, and accurate manner, all the while being responsible for growing revenues. This position interacts with company and retail agent personnel in a diplomatic and knowledgeable manner to establish positive relationships, increase revenues and retain policies upon expiration. In concert with other new/renewal business underwriters, it is responsible for production and profitability results of the new and renewal business segment of the commercial department.
How You Will Contribute
$55,000 - $70,000 Annual
The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.
Teammate Benefits & Total Well-Being
We go beyond standard benefits, focusing on the total well-being of our teammates, including:
The Power To Be Yourself
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.
Brown & Brown is seeking a Sales Production Underwriter to join our growing team in New Hyde Park, NY!
The Sales Production Underwriter quotes new and renewal business in a timely, efficient, professional, and accurate manner, all the while being responsible for growing revenues. This position interacts with company and retail agent personnel in a diplomatic and knowledgeable manner to establish positive relationships, increase revenues and retain policies upon expiration. In concert with other new/renewal business underwriters, it is responsible for production and profitability results of the new and renewal business segment of the commercial department.
How You Will Contribute
- Process new and renewal P&C business in a timely and efficient manner in order to grow revenues and maintain retention and profitability.
- Examines such documents as application forms, inspection reports, insurance maps, and medical reports to determine degree of risk from such factors as applicant financial standing, age, occupation, accident experience, and value and condition of property. Requests additional information, if necessary, and accepts or rejects risks in conformance with company guidelines.
- Underwrites renewal business by reviewing insured’s file, producing agency experience, nature and frequency of losses and prior carrier loss experience.
- Ensure that all required information is obtained, proper applications are completed, quotes and binders are confirmed in writing, policies are issued promptly and accurately, state filings (where applicable) are made, and taxes paid in accordance with appropriate state laws.
- Review, analyze and underwrite risks submitted by Producers, rate submissions for premium and terms, analyze exposures for quotes for new and renewal business, issue written indications, quotes and binders; use inspection companies to obtain further information, quote rates, or explain company underwriting policies.
- Markets and meets with retail agency customers to develop business and cultivate relationships in an effort to grow a book of business. Foster and improve relationships with other departments, producers, companies, and competitors.
- Understand and extend Company facilities, utilizing binding authorities or brokering risks when required to successfully negotiate a placement; be responsible for your underwriting results.
- Service and perpetuate existing business, produce new business, and have a keen awareness of priorities.
- Assist in the training of other personnel as directed, not limited to instructing and training processors and assistants, review indications, quotes, binders, submissions, and policies for completeness and accuracy.
- Working towards or holds valid P&C license.
- Bachelor’s Degree (B.A) from four-year college or university or equivalent industry experience (preferred)
- 2 – 3 years’ experience in a similar position minimum
- Minimum education high school or GED
- Proficient with MS Office Suite
- Exceptional telephone demeanor
- Ability to maintain a high level of confidentiality
$55,000 - $70,000 Annual
The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.
Teammate Benefits & Total Well-Being
We go beyond standard benefits, focusing on the total well-being of our teammates, including:
- Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
- Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.
The Power To Be Yourself
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.
Salary : $55,000 - $70,000